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Air New Zealand has returned to profit
Auckland, New Zealand - This has been achieved thanks to a stronger dollar and lower fuel costs
Air New Zealand, currently government controlled after a USD 496m bailout 15 months back, has returned to profit in the second half of last year thanks to a stronger New Zealand dollar and lower fuel costs at the time. The carrier reported a half-yearly net profit of USD 52.6m, up from a net loss of USD 211m for the same period a year earlier. The previous 2001 half-year result had been hit by the...
AVIONEWS - World Aeronautical Press Agency - 41707
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency